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Spandana Sphoorty Financial gets approval to raise Rs 120 crore through NCDs

24 Feb 2021 Evaluate

Spandana Sphoorty Financial has received approval from board to raise Rs 120 crore through issuance of up to 12,000 Secured, Rated, Listed, Redeemable, Transferable Non-convertible Debentures (NCDs) having face value of Rs 1,00,000 each.

Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.

Spandana Sphoorty Share Price

225.90 -1.40 (-0.62%)
17-Apr-2026 16:59 View Price Chart
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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